GEM Deferred Long Term Liab vs Accounts Payable Analysis

002340 Stock   6.63  0.08  1.22%   
GEM financial indicator trend analysis is much more than just examining GEM Co latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GEM Co is a good investment. Please check the relationship between GEM Deferred Long Term Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GEM Co Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GEM's Deferred Long Term Liab and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of GEM Co, assuming nothing else is changed. The correlation between historical values of GEM's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of GEM Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., GEM's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents GEM obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of GEM Co are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from GEM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GEM Co current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 27, 2024, Selling General Administrative is expected to decline to about 175.4 M. In addition to that, Tax Provision is expected to decline to about 159.3 M
 2021 2022 2023 2024 (projected)
Operating Income1.8B2.3B1.7B854.8M
Total Revenue19.3B29.4B30.5B32.1B

GEM fundamental ratios Correlations

0.370.990.990.930.980.960.970.980.980.391.00.930.940.980.960.92-0.64-0.260.840.350.780.790.770.910.79
0.370.40.420.390.370.440.360.390.460.920.350.530.570.50.510.14-0.110.030.450.420.410.590.60.30.59
0.990.40.970.90.970.960.960.970.980.440.990.930.950.980.960.89-0.62-0.270.820.380.760.810.810.880.81
0.990.420.970.910.990.960.980.950.980.450.970.940.940.990.960.88-0.67-0.260.880.330.830.820.770.920.82
0.930.390.90.910.910.850.840.970.90.320.930.850.830.920.870.93-0.51-0.180.740.360.640.690.630.840.68
0.980.370.970.990.910.980.980.950.970.390.960.890.920.970.960.87-0.75-0.370.890.260.850.790.750.940.8
0.960.440.960.960.850.980.950.910.950.440.940.890.910.960.950.79-0.77-0.340.890.240.870.770.750.90.78
0.970.360.960.980.840.980.950.910.970.440.950.90.940.960.950.84-0.72-0.340.880.30.850.820.80.920.84
0.980.390.970.950.970.950.910.910.960.380.990.910.910.960.930.95-0.54-0.220.780.420.70.780.750.880.77
0.980.460.980.980.90.970.950.970.960.520.980.960.970.990.980.88-0.6-0.290.850.410.790.860.840.90.87
0.390.920.440.450.320.390.440.440.380.520.380.570.650.520.570.16-0.17-0.140.470.460.460.710.750.340.71
1.00.350.990.970.930.960.940.950.990.980.380.920.930.970.950.94-0.59-0.250.80.380.730.790.770.880.78
0.930.530.930.940.850.890.890.90.910.960.570.920.940.950.930.81-0.48-0.140.780.460.730.830.810.810.83
0.940.570.950.940.830.920.910.940.910.970.650.930.940.950.960.79-0.54-0.310.840.530.770.930.930.860.93
0.980.50.980.990.920.970.960.960.960.990.520.970.950.950.970.87-0.63-0.250.860.360.80.820.790.890.82
0.960.510.960.960.870.960.950.950.930.980.570.950.930.960.970.84-0.65-0.30.860.430.830.880.850.880.88
0.920.140.890.880.930.870.790.840.950.880.160.940.810.790.870.84-0.44-0.150.640.360.560.640.60.810.63
-0.64-0.11-0.62-0.67-0.51-0.75-0.77-0.72-0.54-0.6-0.17-0.59-0.48-0.54-0.63-0.65-0.440.62-0.790.24-0.85-0.44-0.41-0.72-0.49
-0.260.03-0.27-0.26-0.18-0.37-0.34-0.34-0.22-0.29-0.14-0.25-0.14-0.31-0.25-0.3-0.150.62-0.420.13-0.4-0.34-0.36-0.4-0.39
0.840.450.820.880.740.890.890.880.780.850.470.80.780.840.860.860.64-0.79-0.420.170.970.820.730.960.85
0.350.420.380.330.360.260.240.30.420.410.460.380.460.530.360.430.360.240.130.170.080.630.630.240.55
0.780.410.760.830.640.850.870.850.70.790.460.730.730.770.80.830.56-0.85-0.40.970.080.760.680.90.8
0.790.590.810.820.690.790.770.820.780.860.710.790.830.930.820.880.64-0.44-0.340.820.630.760.960.820.99
0.770.60.810.770.630.750.750.80.750.840.750.770.810.930.790.850.6-0.41-0.360.730.630.680.960.730.96
0.910.30.880.920.840.940.90.920.880.90.340.880.810.860.890.880.81-0.72-0.40.960.240.90.820.730.85
0.790.590.810.820.680.80.780.840.770.870.710.780.830.930.820.880.63-0.49-0.390.850.550.80.990.960.85
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GEM Account Relationship Matchups

GEM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B29.7B34.4B44.1B52.6B55.3B
Other Current Liab1.1B1.4B2.5B417.8M409.9M638.5M
Total Current Liabilities12.0B13.6B13.9B15.1B22.2B23.3B
Total Stockholder Equity10.5B13.3B14.2B18.5B18.8B19.7B
Other Liab339.5M252.7M227.6M793.8M912.9M958.5M
Retained Earnings2.9B3.1B4.0B5.0B5.4B5.7B
Accounts Payable3.3B3.8B4.3B3.9B5.4B5.7B
Cash3.3B4.4B3.7B5.4B5.5B5.8B
Net Receivables3.0B2.5B5.0B5.3B6.9B7.3B
Inventory5.7B5.8B6.3B7.7B8.3B8.7B
Other Current Assets1.5B1.6B2.1B581.3M450.1M720.2M
Total Liab15.8B15.6B18.6B23.3B30.9B32.5B
Intangible Assets1.9B1.9B1.9B2.2B2.4B2.5B
Common Stock3.8B4.2B4.1B4.8B5.5B5.8B
Property Plant Equipment8.4B9.6B10.8B13.4B15.4B16.2B
Other Assets761.4M850.1M756.9M966.4M1.1B1.2B
Long Term Debt3.5B1.4B3.8B7.5B8.2B8.6B
Net Tangible Assets8.3B8.6B11.5B12.3B14.2B8.9B
Other Stockholder Equity34.5M40.1M33.6M27.0M24.3M34.0M
Deferred Long Term Liab112.1M125.9M152.5M153.5M176.5M112.6M
Short Long Term Debt6.2B6.6B5.6B4.4B6.6B5.8B
Total Current Assets13.6B15.1B17.0B22.0B24.6B16.4B
Non Current Assets Total13.3B14.6B17.4B22.1B28.1B17.6B
Non Currrent Assets Other616.6M512.4M693.6M625.0M1.7B1.7B
Non Current Liabilities Total3.8B2.0B4.7B8.2B8.7B5.5B
Net Debt5.4B3.6B5.7B6.5B9.2B7.0B
Common Stock Shares Outstanding4.2B4.1B4.8B5.1B5.9B5.0B
Net Invested Capital19.2B21.4B23.7B30.4B33.5B26.0B
Net Working Capital1.6B1.5B3.1B7.0B2.4B3.0B

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Other Information on Investing in GEM Stock

Balance Sheet is a snapshot of the financial position of GEM Co at a specified time, usually calculated after every quarter, six months, or one year. GEM Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GEM and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GEM currently owns. An asset can also be divided into two categories, current and non-current.